Gold Price Hike & Chain Snatching: Is There a Link? Police Debunk Social Media Claims

• Reports suggest an increase in chain snatchings due to record-high gold prices, especially in cities like Hyderabad.
• Thieves are reportedly targeting women for easy money as gold value rises, leading to new individuals joining these crimes.
• Police have increased surveillance and are warning people, particularly elderly women, to be cautious.
• Vanaparthy CI Ratnam debunked social media claims linking rising gold prices to a drastic increase in chain snatchings by inter-state gangs.
• Police advise against believing unverified news and warn of strict action against those spreading false propaganda.